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Content Tagged As fiscal

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  • WATCH Governor-Elect Edwards talks possible tax increase

    January 4, 2016 8:09 PM

    BATON ROUGE - Governor-Elect John Bel Edwards gave some indication Monday about a possible plan to raise taxes to fill Louisiana's budget deficit. Specifically he would be in favor of eliminating some income tax deductions for individuals and corporations while lowering income taxes overall. Edwards said people would pay a... more »
  • Medicaid, TOPS, public schools all running out of money Play Video

    December 30, 2015 1:58 PM

    BATON ROUGE - The state's budget woes keep getting worse. Louisiana now has a $2.65 billion budget hole to be filled by June. Incoming Commissioner of Administration Jay Dardenne announced the sobering news Tuesday at LSU. "This is the clear view, the true picture for where we are today. It's... more »
  • New Pointe Coupee superintendent sets ambitious agenda

    July 6, 2015 8:02 AM

    NEW ROADS- In his first week as Pointe Coupee Parish's new school superintendent, Kevin Lemoine has already toured all five of the district's campuses, met with principals and key staff and started crunching numbers for the district's next fiscal year budget. Lemoine's agenda for his first year as superintendent includes... more »
  • Report: State budget's biggest problem isn't oil

    February 25, 2015 5:46 PM

    BATON ROUGE - A new report released by the Louisiana Legislative Fiscal Office cast doubt Wednesday on the Jindal administration's claims that a massive budget gap is largely due to falling oil prices. The Fiscal Office's report says the upcoming year's budget deficit was pegged at $1.2 billion before... more »
  • Fiscal hawk budget bills hit roadblocks in Senate

    May 30, 2013 4:31 PM

    BATON ROUGE - Senators had a mixed reaction to proposals by conservative House lawmakers seeking to rewrite laws for how Louisiana estimates and spends its money. The Senate Finance Committee refused Thursday to insert the ideas into the state constitution and limited the remaining proposals to two-year pilot programs. The... more »
  • Louisiana delegation split on fiscal cliff vote

    January 2, 2013 11:00 AM

    BATON ROUGE - Louisiana's delegation was divided as Congress agreed to a compromise to avert the so-called "fiscal cliff" of middle-class tax increases and spending cuts. While Democratic Sen. Mary Landrieu and Republican Sen. David Vitter supported the legislation, most of the state's U.S. House delegation opposed it. Democratic Rep.... more »
  • Congress approves deal to avoid 'fiscal cliff'

    January 1, 2013 10:45 PM

    WASHINGTON - Past its own New Year's deadline, a weary Congress sent President Barack Obama legislation to avoid a national "fiscal cliff" of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America's divided government to the limit. The bill's... more »
  • GOP leader Cantor opposes Senate 'cliff' bill

    January 1, 2013 2:39 PM

    WASHINGTON - The No. 2 Republican in the House leadership says he opposes a Senate-passed measure to avert the so-called fiscal cliff. Virginia Rep. Eric Cantor told reporters after a two-hour closed-door meeting Tuesday with his GOP lawmakers that he did not support the bill. He said House leaders were... more »

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